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Non-Oil Exports to Hit $61b

The government plans to increase non-oil exports to $61 billion in value by March 2015 from the present $28 billion, the deputy chairman of the Trade Promotion Organization of Iran told MNA on Tuesday. Yaghmour Gholizadeh said that an overall trade surplus of around 2 billion dollars was recorded for Iran in the first six months of the current Iranian year (March 21-September 22) as exports totaled $28 billion against a total import value of $26 billion. If everything goes according to the government’s economic plans, he said, commodity exports will surpass $49 billion while the export of services will top $12 billion by the end of this year (March 20, 2015).